IPO / 3 posts found

A Blue Apron box waits to be opened on a kitchen counter.Image: Scott Eisen/Getty Images A giant wall of lettuce, crates of vegetables, and gourmet food stands adorned the front of the New York Stock Exchange building on Thursday morning as meal delivery service Blue Apron celebrated its debut on the trading floor. Produce-related festivities aside, enthusiasm for the once hotly anticipated public offering has wilted in the past couple days as the company lowered its target opening stock price from between $15 and $17 to just $10. A stale day of trading that left shares stagnant at a time […]

When I first met Cloudera CEO Tom Reilly in 2015at the Intel Capital Summit, we were about to go on stage for a fireside chat to discuss among other things Intels massive investment in his company. While on stage, the conversation inevitably turned to when the company might go public. As you might expect, he gave me the standard startup CEO answer. While Cloudera was certainly of sufficient size to IPO, they had just raised over a billion dollars and had plenty of cash. He was willing to wait until, in his words, when we feel its the right time. […]